Specialist printing company receives £30k investment
Published: 22nd April 2009
A leading digital printing company has received a £30,000 investment from the South Yorkshire Investment Fund (SYIF).
DCP Systems Ltd specialise in producing wide format print and design solutions for some of the world’s biggest computing names, such as Hewlett Packard, Canon and Epson.
Based in Chapeltown, Sheffield, the company have used the funding to purchase a piece of demonstration equipment, called a ‘flatboard printer’, capable of printing high quality graphics onto large, flat surfaces.
Darren Walker, managing director of DCP Systems said: “At DCP we produce wide format print and design solutions to meet the needs of a variety of end-users, ranging from retailers to graphic designers and advertisers.
“We produce high quality solutions for the market place, from wide-format printers and laminators to canvas rolls for artists and Photoshop plugins.
“The investment from SYIF has helped us purchase a flatboard printer for demonstrating purposes, which will allow us to show potential clients what we can do, and in turn, expand the business with new contracts.”
The £30,000 investment is the company’s fifth from SYIF, since DCP Systems was founded in 2000.
Darren added: “SYIF have been a great support to us over the years. They’ve helped us develop into new areas in the market place, drawing in new clients and helping DCP Systems to grow as a company.”
David Ward, investment manager at SYIF said: “We’re delighted to have contributed to the growth and success of DCP Systems.
“Their high profile clientele has assured the company a place at the forefront of the digital printing sector and we look forward to watching DCP Systems’ success continue.”
SYIF can provide seedcorn, loan and equity linked investments, ranging from £15k to £2.5m, specifically to help small and medium businesses meet the gaps in funding they need for growth and development.
For more information about South Yorkshire Investment Fund, please visit www.syif.com or ring 01709 386377.
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About South Yorkshire Investment Fund
South Yorkshire Investment Fund provided seedcorn, loan and equity linked investments, ranging from £15k to £2.5m, specifically to help small and medium businesses meet the gaps in funding they need for growth and development.
Created as part of the Objective 1 programme, the Fund is a private and public sector business finance provider. The European Regional Development Fund and Yorkshire Forward are investors in the Fund.
South Yorkshire Investment Fund also provided access to Business Angel investments from the Yorkshire Association of Business Angels and Microloans through BiG Business Loan Fund and Donbac Microloan Fund.
Finance Yorkshire has now taken on responsibility for providing gap finance in Yorkshire and the Humber.
For further details please contact Suzanne Tinkler, on 0845 649 0000.
South Yorkshire Investment Fund Ltd is a company limited by guarantee (Registered No 3936065). South Yorkshire Investment Fund comprises three sub funds, the South Yorkshire Investment Capital Fund, the South Yorkshire Investment Development Fund, which are each managed by YFM Venture Finance Limited, and the South Yorkshire Investment Small Business Fund, which is managed by Finance South Yorkshire Ltd. YFM Venture Finance Limited (Tel 0113 294 5000) and Finance South Yorkshire Ltd (Tel 01709 386 377) are each authorised and regulated by the Financial Services Authority. South Yorkshire Investment Fund also provides a number of services, which are not regulated by The Financial Services Authority. These include the pilot Seedcorn Fund, BiG Business Loan Fund, Mentorbank and access to the Donbac Microloan Fund. BiG Business Loan Fund is managed by Donbac Ltd (company registration No. 01925556) and Key Fund Yorkshire Ltd (Tel 0114 242 8900).